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will be watching very closely is india. one of china's largest trading partners. a rather unequal relationship. exports -- giant -- a three-time is from china to india. apparently the religious has been improving recently. trade ministers left where china assured india of greater market access. let's listen to what the indian finance minister has been saying about that relationship. >> china is an important country for india. they are a neighbor. they are the largest trading partner. and we remain engaged. at the same time, continue trying to create a balance because there is an adverse balance of trade, and we are seeking market access to companies -- in be in pharmaceuticals. i hope it will happen. >> slightly closer to home for us. we heard about the european growth forecast plummeting. what can they do and what and the european central bank can do about it with interest rates? >> we will be hearing from the ecb in about a half an hour's time. the expectation is they are going to keep interest rates steady at 0.75%. more interestingly will be what mario draghi actually says after that meeti
, a cyclone has battered the southern india states. many of the coastal areas are pretty low lying, and up to 100,000 people have had to be evacuated. we understand seven people have been killed. five sailors also missing after an oil tanker ran aground off the city of chanai. our correspondent is there. >> a lot of the crew were rescued, some of them yesterday, a few early this morning, when two helicopters were able to get some of them off that ship. but five sailors are still missing. they've been missing since yesterday. in fact, there's growing concern now over their safety quite simply because it's been something like 20 hours since it went missing. the wind here has picked up a bit, but it's knock like the 100-kilometer winds that we experienced when the cyclone first made landfall yesterday. a lot of people, as you can see, are out on the beach, mainly to look at the ship mind me. there's a lot of oil on that tanker, and they are worried as it drifts closer to shore, they're concerned that some of that oil might actually come out of that ship and create an even bigger problem. >> h
india. a wide variety of items that people decorate their homes with, you'll find people wearing new and colorful clothes over the five day festivities. it's also considered a good time to buy cars, homes and jewelry. that's because it's a festival honoring the god es of wealth, lakshima. it's tradition to offer prayers, and that's what's happening here in our office. it's considered a particularly nice spirit, so even though it is a national holiday, stock markets are open for trading. but it is at nighttime when india's streets really come alive with the festivities. homes and shops are lit up with hundreds of lights and fire crackers are burst as families come together to celebrate one of india's biggest festivals. >> and to all of you celebrating, happy duvali. and the pentagon has said the top american commander in afghanistan, general john allen, is to be put under investigation. now general allen who denies any wrong doing is to be investig are being described as alleged inappropriate communications with one of the two women at the heart of the scandal that led to mr. petraeus
Search Results 0 to 2 of about 3